Definition - professional services - tds applicability

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....efinition - professional services - tds applicability<br> Query (Issue) Started By: - Jatinder Maan Dated:- 21-8-2009 Last Reply Date:- 22-8-2009 Income Tax<br>Got 2 Replies<br>Income Tax<br>please de....

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....fine the professional services and contract services and tds rate applicable on the same Reply By DEV KUMAR KOTHARI: The Reply: Dear Friends, This is discussion forum and not column like "your querie....

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....s". To effectively use the discussion forum I suggest that the querist should send his own material, analysis and view on the subject of query with reference to provisions and case laws. Some efforts ....

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....should be amde by the author of the issue. Reply By Dinesh Gupta: The Reply: For the purpose of meaning of contract services - you may refer to (iii) and (iv) of the Explanation to Section 194C and f....

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....or the purpose of professional services refer to (a) and (b) of the Explanation to Section 194J. Further, the rate of TDS for contract service is 2% and in case of sub contract it is 1%. On the other ....

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....hand rate of TDS on professional services is 10% [plus cess]<br> Discussion Forum - Knowledge Sharing ....